Question

What of the following best describes the state of the US economy in 1939?

Answer 1

The US economy was in a depression

Answer 2

The correct answer is:

The US economy was in a depression.

Explanation:

Great Depression, a worldwide economic downturn that commenced in 1929 and lasted until about 1939. Although it began in the United States, the Great Depression caused drastic declines in output, critical unemployment, and serious deflation in almost every country in the world.